#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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BENQI continues to lead Avalanche Decentralized Finance innovation, showcasing at the EthCC Rooftop Sunset event.
As one of the most influential DeFi projects in the Avalanche ecosystem, BENQI is continuously expanding the functional boundaries of its protocol suite and driving on-chain capital efficiency optimization. With strong product integration capabilities and a solid liquidity foundation, BENQI has quickly grown to become the top application in terms of TVL (Total Lock-up Position) on Avalanche.
The four core products leading Decentralized Finance (DeFi)
BENQI has currently launched four core products, covering key areas such as Liquidity Staking, lending markets, node deployment, and governance voting, building a complete and well-functioning Decentralized Finance infrastructure.
●BENQI Liquid Staking: Users can earn sAVAX by staking AVAX, while continuing to receive staking rewards and releasing liquidity to various DeFi applications. ●BENQI Markets: Provides multi-asset lending services, supporting mainstream assets and isolated markets, allowing users to flexibly borrow, lend, and earn interest. ●Ignite: A lightweight node deployment platform designed for institutions, developers, and Web3 users, supporting the quick setup of Avalanche validator nodes. ●Node Voting: Users running AVAX validation nodes can participate in voting using BENQI Miles, receive delegations, and earn rewards, further promoting the democratization of network governance.
BENQI, through the aforementioned modular products, has built a highly scalable and user-friendly DeFi protocol ecosystem, which is becoming a key force in driving capital liquidity and on-chain collaboration efficiency within the Avalanche network.
Recent Updates | Debuting at EthCC Rooftop Sunset Ecosystem Gathering
During the upcoming EthCC week (Ethereum Community Conference), BENQI will actively participate in offline builder community events to continuously strengthen its ecological influence.
BENQI, together with partners such as Suzaku Network, Folks Finance, Koroshi, KiteAI, and others, will host an in-person meetup – Rooftop Sunset @EthCC on June 30 from 6:30 p.m. to 1 a.m. at the Hotel Belle Plage in Cannes, France. The event will feature an open terrace, ocean-view sunsets, and a relaxed social atmosphere, creating an immersive space for Avalanche builders and industry participants. Kryptosphere participates in community support, and BeInCrypto serves as the official media partner.
The RSVP for this event is now open, with limited spots available. The details link is as follows: